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20121027
20121104
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Search Results 0 to 23 of about 24 (some duplicates have been removed)
should get behind the stock. the other utilities have really run. wow, here is a controversial one. gm stock has been climbing, not today, but i think it's in part because of the chinese cold war with japan. the chinese are staying away from japanese cars, especially toyota, i want to know if they are buying gm cars, could get the stock moving. in china. this is really -- this is maybe the most right now. obama/romney stock away from the business and obama's people, made it clear they won't sell the remaining stake in gm. tim massen said the same thing, the disposal agent. romney's camp indicated they will take gm immediately. they will sell that stock, so that's a pretty binary situation. you will get results from ralph lauren. will they be the next company that we thought was doing well and europe slowed? the stock went down 13 points, but that won't be enough. anything negative at all on the call, ralph lauren trades hard, up and down on very little volume. please be careful. there are huge numbers reporting, companies reporting on thursday, including exxon. i think that will be jus
quarter in the u.s., and it lost money in europe. the bottom line for g.m. in the third quarter was stronger than ancipated. earnings per share totaled 93 cents, well above the 60 cents per shares expected. g.m. returned to profitability in south america and china profit jumped 10%. shares jumped 9.5% as volume tripled. g.m. hopes to stop losing money in europe by the middle of the decade. yesterday, ford told us it expects its european business to begin turning around in about a year. today, ford shares were also on the move after its strong earnings report during the market closure. ford rallied 8.2%. over $11 per share for the first time since may. some merger action in the clothes and fashion industry hit the tape with p.v.h. buying warnaco group, that's the company licensing calvin klein, speedo and other brands. warncstock shot up almost 39%. the dl tols $2.8 llion in cash and stock. the buyer, p.v.h., rose 20% as a big sign of market confidence in the deal. and u.s. vitamin maker schiff nutrition has agreed to be bought by bayer, pushing schiff stock up 46%. the five most
about the other day. >> some gm numbers are expected in about an hour. gm is expected to earn 60 cents a share on revenue of $35.7 billion. gm, don't they have loss -- i mean, if they can't make money at this point, they ought to be able to because i don't think they have to pay taxes again. that's another way we sort of don't get our money out of gm. now we'll be watching facebook. about 230 million shares held by ples became employees became eligible for sale on sunday. >>> equity trading will try to get back to normal today after superstorm sandy forced the new york stock exchange and the nasdaq to wait out the storm and stay close from the last two days. if investors areomin back today, they may be wondering whether there's going to be extra volatility. ira harris joins us right now from the cme group in chicago. what's the sense you get? i've actually been surprised by how orderly all of this has been to date. >> it has been orderly, but i think that's because we've been taking our reads off of the european markets, which have held up pretty well. better than well. and where we ar
expected a 10% gain for gm because of the resolution of the $29 billion in pension costs they have. >> right, we're talking about gm and ford, both clear winners, obviously, and ford now, up 8.3%. both beat the streak. tomorrow, auto sales. liz: i know i mentioned netflix, but we have to show the move because this stock, during the year, was $133, and plummeted to an annual low of 52. look now, $79 all because the name carl icon attached to it. gl that's right. you know, liz, he's a game changer for the companies, getting a full stake in there and makes a lot of changes. a lot of clapping, the employees who helped to keep this place alive are ringing the closing bell.
decline. they're talking about this cold war between japan and china. gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that they have always had huge cash awards. >> the announcement is out, they have promoted a number, a series of people. joe henriks, president of the americas, even know dell, most, a number of different things including the promotion of fields. >> asia, africa is the rangernd a the ranger is selling very well. >> it's a big story, you got it here first. >> all right, a lot of people did. of course not the only story out this morning. if you do want to get the latest out of the recovery, sandy, remain without power in the storm region. some
jobs, and not just at gm, chrysler and their dealerships, but in auto parts manufacturing all over the country. >> reporter: today the lords town plant churns out the chevrolet cruz, the country's best selling compaq car, to meet demands it's gone from one shift a day to three, and round-the-clock production. dave green is president of the local united auto workers union. >> but the whole economy will benefit from this because our parts suppliers, the people who work there are out shopping at the stores, they are paying tacks, you know, they're investing in their community. >> reporter: the auto industry employs one out of every eight workers in the state. youngstown is the largest city in the region and reaped many of the benefits. it's not just auto breathing new life into northeast ohio. in youngstown, the once declining steel industry has come back. and the evidence is french-owned bn m-star which makes field tube force natural gas drilling. the company chose youngstown for its $1 billion expansion. you might not think of ohio as an energy powerhouse, but it is on the verge of
also have kay shiller coming in with home prices at the highest level since september 2010. ford and gm beat. in terms of pent-up demand, the vibe is higher. to your point on whether trading will resume normally, i talked to traders yesterday. they said it could be dipping your toe in the water meaning volume is light in the beginning to see how things actually go to make sure the connections are there. we'll see if it goes as well as they predicted. >> this is one of those days where i sure hope it goes well because we've had lots of smooth days where there's no power outages that turned into a fiasco. >> true enough. >> i want to keep fingers crossed. >> it's not just about what happens in this building. goldman sachs has generator moving on power. not every bank has every office open today. tough to get around the city right now. >> tough to get around the city. tough to get employees for many of these banks to where they need to be. a number of them -- many of them are working remotely. as you say, everybody is trying to be fully open for business. i have made a handful of calls thi
didn't governor romney talk about benghazi? liz: a toyota or a nissan could have taken over gm and still preserved those jobs in this country instead of the government stepping in, same story with the battery maker, no. charles: let's kind of stick to this whole thing. if the president wins, he has talked about doubling down. initially doug and judge they talked about this as spending and then changed it to investing, understanding what you and i are talking about. >> the government actually claims it has an investment if this company? charles: the president says we're investing this our energy future. that's the line. we have all heard it so much that we can all kind of regurgitate it. >> that should drive your colleagues downtown crazy, why government gives away taxpayer cash or money it's borrowed from china and gives that way. charles: it should drive all americans crazy. but here's the thing, though. they continue to do it. they continue to say we're going to do this. it was an investment just like the internet was an investment just like the space program was an investmen
assert general motors and chrysler are adding jobs in china at the expense of workers in ohio. both g.m. and chrysler have protested. but the romney campaign insists the facts in the ads are accurate. syrian government forces stepped up widespread air assaults on opposition strongholds today, anti-government activists said, after a holiday ceasefire fell apart. amateur video showed mig fighter jets strike near a mosque on the outskirts of damascus. warplanes also pounded the north, in towns including dair al zour. two days of bombing have left at least 185 people dead. meanwhile, u.s. secretary of state hillary clinton called for a shakeup of the syrian opposition in its bid to oust president assad. she said it should include people who've been fighting on the front lines, not just activists who've lived outside of syria for decades. in china, a government think tank urged leadership to end the country's one-child policy. it recommends each family be allowed to have two children by 2015, and by 2020 all limits be dropped. the one-child policy was introduced in 1980 to help curb china's
flash point, a romney tv ad running in ohio making this claim about gm. >> obama took chrysler and gm into bankruptcy and sold chrysler to italians that are going to build jeeps in china. >> reporter: campaigning with former president clinton vice president biden blasted the ad as false. >> chrysler has felt obliged to go public and say there is no truth. they say jeep has no intentions of shifting production of its jeep models out of north america to china. >> reporter: while mitt romney is technically not campaigning today, he is doing a storm relief event, savannah, in the state of ohio. >> chuck, and a lot of folks are asking us this morning, is there a possibility with this widespread power outages that could last days if not weeks, is there a chance the election day itself could be delayed? >> it's very unlikely. look, the presidential election day is something that is set in the constitution. now, states run electrics, and they can decide to postpone if they wanted to. it's happened before in new york city, of course, postponed in new york city elections on 9/11 on the day that
can be at gm or ford for your entire career, people now realize that's not as clear. and so they're more open to other opportunities. now, some of it there's, obviously, different skill sets. some of it is getting the people that do have that creative, innovative spirit to recognize there is an opportunity with some of the companies developing here. even more importantly is how to you get the folks that left detroit to come back here. i'm sure there's thousands, probably tens of thousands of people who that are born and rad here or went to one of the universities in this area who'd love to come back here but really decided to leave because they felt there wasn't a future. that pool of talent, drawing them back, i think, is also a big opportunity. but it really is all about talent. it's an idea plus capital, as josh said. but the most important ingredient is talent. >> you know, one of the things that's also an important ingredient is training and education. i just don't want this section sort of launching our day to get finished without dimensioning it. and another community that
Search Results 0 to 23 of about 24 (some duplicates have been removed)